Summary: Armstrong World Industries, Inc. will be hosting investor meetings at the Bank of America Transportation, Airlines and Industrials Conference in New York City and publishing an updated Investor Presentation prior to the conference.
Full articleSummary: Alphabet's stock has historically performed well after mid-May, consistently climbing by at least five to ten percent in the following months dating back to 2019, despite the 'Sell in May and go away!' adage.
Full articleSummary: Brokerages have revised their take on Tata Motors stock post quarterly results.
Full articleSummary: ORCA Computing and Poznań Supercomputing and Networking Center (PSNC) announce a collaboration with NVIDIA to accelerate hybrid quantum-classical approaches, aiming to revolutionize various fields like biology, chemistry, and industry applications.
Full articleSummary: Dow Jones Industrial Average (DJIA) futures, S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) are moving higher this morning in anticipation of the consumer price index (CPI) report for April. Delta Air Lines, Inc. (DAL) receives bullish coverage from HSBC, while PENN Entertainment Inc (PENN) is downgraded by Bank of America. Jefferies raises price objective on Nvidia Corp (NVDA) as the firm's favorite in the artificial intelligence (AI) space.
Full articleSummary: Leading healthcare companies Pfizer and AstraZeneca announced new investments in France worth a total of nearly $1 billion ahead of the 'Choose France' business summit.
Full articleSummary: Remark Holdings, Inc. will present its Fire and Smoke, Smart City, and Smart Agent solutions at the NYC Smart City Expo alongside Oracle and NVIDIA.
Full articleSummary: Armstrong World Industries, Inc. announced that its President & CEO and CFO will be hosting investor meetings at a conference in New York City and will publish an updated Investor Presentation on May 15, 2024.
Full articleSummary: Envestnet and Salesforce announced a partnership to provide seamless financial planning experiences for customers in the United States by integrating Envestnet's financial planning capabilities with Salesforce's Financial Services Cloud.
Full articleSummary: Google is set to host its annual developers conference, Google I/O, where it is expected to announce the latest features of Android 15, such as widgets for lockscreen, redesigned status bar, improved camera features, and AI integration with third-party assistants. Additionally, Google might unveil updates to its AI system, Gemini, including offline capabilities for tasks like summarizing news articles and organizing notes.
Full articleSummary: Nvidia announced the launch of nine new supercomputers using Nvidia Grace Hopper Superchips, with a total AI processing power of 200 exaflops. The supercomputers will be utilized in various countries like France, Poland, Switzerland, Germany, Japan, the U.K., and the U.S.
Full articleSummary: Starbucks, a global coffee chain, experienced a significant drop in stock value after reporting a 4% decline in same-store sales, leading investors to question consumer spending limits on coffee.
Full articleSummary: The 2024 Ford F-150 has been updated with a freshened exterior, more standard tech, and class-leading towing and hauling capabilities. The Nissan Titan, while having some strong features like a reliable V8 engine and a good warranty, falls short when compared to the F-150 in terms of engine options, towing capacity, and available trims.
Full articleSummary: Spire Wealth Management increased its stake in Alphabet Inc. by 8.3% in the fourth quarter, with Alphabet being its 9th largest holding. Several other large investors have also shown interest in GOOGL. Insider activity includes significant selling of company stock. Alphabet's stock is down 0.8% and the firm has recently announced a quarterly dividend. Wall Street analysts have provided positive ratings and increased price targets for Alphabet's stock.
Full articleSummary: TD SYNNEX launches IBM watsonx Gold 100 program to equip partners for achieving IBM's Gold-tier partner status and growth in AI solutions. The program includes training, sales acceleration, marketing support, expert services, and demos with a focus on AI technology.
Full articleSummary: Booking Holdings has been added to the EU's list of companies under heightened digital scrutiny for its Booking.com site, as part of the Digital Markets Act to prevent Tech platforms from dominating online markets.
Full articleSummary: Home Depot will be announcing earnings results, analysts expect revenue to decline but adjusted earnings to improve this quarter, majority of analysts reconfirmed estimates, positive sentiment in home furnishing and improvement retail segment.
Full articleSummary: Remark Holdings, Inc. announced its participation in the NYC Smart City Expo alongside Oracle and NVIDIA, where they will be presenting their AI-powered solutions for fire and smoke detection, smart city management, and smart agent services.
Full articleSummary: Boeing firefighters have been locked out in a contract dispute over pay offers that the union describes as below average, leading to concerns about compromised safety for Boeing employees as replacements have been hired. President Joe Biden has called for both parties to return to the negotiating table.
Full articleSummary: Larry Ellison's compensation as Oracle Corp's CEO decreased by 15.5% in fiscal 2014 amid criticisms of high pay and company's struggles. Oracle announced new executive appointments and changes in stock options based on performance against rivals like SAP and IBM.
Full articleSummary: Home Depot is set to announce its earnings results before the bell, with analysts expecting a revenue decline of 1.5% year on year to $36.69 billion and adjusted earnings of $3.61 per share. The majority of analysts have maintained their estimates, while the company has previously missed Wall Street's revenue expectations. In the home furnishing and improvement retail segment, there has been positive sentiment among investors, with share prices showing an average increase of 6.5% over the last month.
Full articleSummary: J.P. Morgan Payments has integrated WePay's capabilities into its suite of products, allowing more SMBs to access offerings at a greater scale. The acquisition of WePay in 2017 has enabled J.P. Morgan Payments to enhance its services for SMBs through features like digital onboarding and progressive underwriting.
Full articleSummary: Companies such as Amazon, Pfizer, Microsoft, and Morgan Stanley plan to make significant investments in France, with a total of over €15 billion slated to be invested, including in areas like cloud computing, AI, pharmaceuticals, and financial services.
Full articleSummary: President Trump tweeted his support for a cable industry group's call to investigate Comcast Corp's alleged anti-competitive practices, causing Comcast's shares to briefly dip before recovering most of their losses. The American Cable Association asked the Justice Department to probe Comcast's control of cable systems, TV stations, and regional sports networks in large markets.
Full articleSummary: Oracle Commodity Holding Corp. plans to undertake a non-brokered private placement to raise gross proceeds of $429,000 through the sale of 3,900,000 units. Insiders such as John Lee and Silver Elephant Mining Corp. will subscribe for significant amounts of units to maintain their ownership percentage.
Full articleSummary: Senate Majority Leader Chuck Schumer calls on the Federal Trade Commission to scrutinize Chevron's proposed $53B acquisition of Hess Corp, citing concerns about increasing gas prices.
Full articleSummary: The US IPO market is opening up with more companies choosing to sell shares for the first time, following a rebound from a slowdown caused by high interest rates and recession fears. NYSE President Lynn Martin is optimistic about the amount of proceeds raised so far in 2024, with growth-oriented companies having a path to profitability as they tap into the public markets.
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